Walgreens Drug
For Sale
Contact for pricing
1850 Central Ave, Colonie, NY 12205
Occupied by Walgreens under an absolute NNN lease with no landlord responsibilities.
Property SizeContact for details
Days on Market141
Property Features for 1850 Central Ave
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SAB Capital
Listed By:
Michael Soleimani · License #NY 10401294940
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 1:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SAB Capital
Investment Insights
Based on property information with market context.
This drug store property is occupied by Walgreens under an absolute triple-net lease. The lease assigns zero landlord responsibilities, providing a clearly defined ownership structure for the asset.
The property is located at 1850 Central Ave in Colonie, NY, approximately 7 miles northwest of Albany. The surrounding area includes 120,000 residents within a 5-mile radius, placing the store within a substantial nearby population base.
The property is located at 1850 Central Ave in Colonie, NY, approximately 7 miles northwest of Albany. The surrounding area includes 120,000 residents within a 5-mile radius, placing the store within a substantial nearby population base.
Key Highlights
- Walgreens occupies the property under an absolute triple‑net lease
- Lease structure includes zero landlord responsibilities
- Located at 1850 Central Ave, Colonie, NY 12205
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
234k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 29%
Shops & Services 28%
Apparel 22%
Groceries 16%
Kohl's
Apparel
48,119 visits/mo
0.2 miles
Aldi
Groceries
37,289 visits/mo
0.3 miles
McDonald's
Dining
17,876 visits/mo
0.2 miles
Mobil
Shops & Services
14,133 visits/mo
0.1 miles
7 Brew Coffee
Dining
14,019 visits/mo
0.3 miles
Demographics for 12205, NY
27,168
Population
12,061
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
1,764
Density / Sq Mi
$89,270
Median Household Income
$54,184
Median Earnings
$1,405
Median Rent
$264,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Patricia Donato — 251 New Karner Rd, Albany, NY 122054617
- Smiths Colonie Wine & Liquor Store — 1701 Central Ave, Albany, NY 12205
- American Shaman - of Albany — 1770 Central Ave, Albany, NY 12205
- Fine Beauty&Hair Care Supply — 1741 Central Ave #2FL, Albany, NY 12205
- Walgreens Pharmacy — 1850 Central Ave, Colonie, NY 12205
Frequently Asked Questions
What type of property is this?
Drug store - Occupied by Walgreens under an absolute NNN lease with no landlord responsibilities.
Where is this drug store located?
The property is located at 1850 Central Ave Colonie, NY.
What are key features of this property?
This property features: Walgreens occupies the property under an absolute triple‑net lease; Lease structure includes zero landlord responsibilities; Located at 1850 Central Ave, Colonie, NY 12205
